Monday, June 6, 2016

INTEREST RATE FOR GENERAL PROVIDENT FUND – FINMIN ORDERS

(PUBLISHED IN PART I SECTION OF GAZETTE OF
INDIA)

F.No.5(1)-B(PD)/2016

Government
of India

Ministry
of Finance

Department
of Economic Affairs

(Budget
Division)

New Delhi,
Dated the 2nd June, 2016

RESOLUTION

It is announced for
general information that during the year 2016-2017, accumulations at the credit
of subscribers to the General Provident Fund and other similar funds shall
carry interest at the rate of 8.1% (Eight point one per cent) w.e.f. 1st April,
2016 to 30th June, 2016. This rate will be in force w.e.f. 1st April, 2016. The
funds concerned are:-